Pierre et Vacances S.A.: Signing of a binding offer with certain of the Group's existing financial partners in order to provide a new money financing up to EUR 300 million
(2) Regulatory News: Pierre et Vacances S.A. (Paris:VAC) announces that it has accepted today a binding financing offer from some of its existing banking partners, EuroPP 2022 and 2025 holders, and Ornane holders (the " Financial New Money Financing"), following a competitive process open to third party lenders. This financing will mainly be used to meet the Group's short-term needs in relation to its activities and operational constraints pending the completion of an equity strengthening transaction ( opération de renforcement des fonds propres The main terms and conditions of the New Money...
Source: finanznachrichten.de